Richard Farr (@farrmacro) 's Twitter Profile
Richard Farr

@farrmacro

Chief Market Strategist / Partner @ Pivotus Partners. Always seeking truth / assessing risks. My opinions only. Not investment advice. Do the work!

ID: 825455165616615424

linkhttp://www.pivotuspartners.com calendar_today28-01-2017 21:27:02

8,8K Tweet

3,3K Followers

455 Following

Richard Farr (@farrmacro) 's Twitter Profile Photo

Or it’s a sign that buying one of these things carries tremendous FX risk and you need to be paid well to have Yen exposure.

Richard Farr (@farrmacro) 's Twitter Profile Photo

Or someone makes Bitcoin 2 tomorrow and everything you just said is cut in half until someone makes Bitcoin 3 and 4. Then it’s cut in quarters. Or someone says 21,000,000 coins is too arbitrary to ever be anything useful and they change it so it’s 250,000,000,000.

Richard Farr (@farrmacro) 's Twitter Profile Photo

10 year treasury continues to shrug off the JGB hiccup. 4.05% today. What’s happening in Japan is terrible for the Yen. Stop focusing on the “carry trade” and instead think about how bullish this is for the Dollar.

Richard Farr (@farrmacro) 's Twitter Profile Photo

Study words. Hassett will lower car loans and make it easier to get mortgages. Car loans tied to prime rate (lower short term rates) but mortgage rate tied to longer rates. What exactly does ‘easier access’ mean?

Study words.  Hassett will lower car loans and make it easier to get mortgages.  Car loans tied to prime rate (lower short term rates) but mortgage rate tied to longer rates.  What exactly does ‘easier access’ mean?
Ryan D Leaf (@ryandleaf) 's Twitter Profile Photo

11 years ago today I walked out of a prison cell...no hope or possible idea what could be! No thought of this life, no love of my life, no career, no family, no recovery. Can't go back and change the beginning, but u can start where u are and change the ending! There is Hope!

11 years ago today I walked out of a prison cell...no hope or possible idea what could be! No thought of this life, no love of my life, no career, no family, no recovery. Can't go back and change the beginning, but u can start where u are and change the ending! There is Hope!
Richard Farr (@farrmacro) 's Twitter Profile Photo

Agree - not sure why everyone keeps thinking that a politicized and dovish Fed = lower LT rates. It would very likely do the opposite.

Richard Farr (@farrmacro) 's Twitter Profile Photo

Remember Michael Green’s $140k “poverty line” is defined as the level of income needed such that you could pay all expenses without government assistance. Now listen to what Josh Hawley says here and then think about all the government assistance that the average family gets via

Richard Farr (@farrmacro) 's Twitter Profile Photo

Honestly, this made me happy. So few bands are doing anything interesting other than cookie-cutter melodies and progressions. All this technology and nobody puts the time in to truly break molds. And I’ve spent 5 minutes sampling these songs and I thought this is unique and

Wall Street Mav (@wallstreetmav) 's Twitter Profile Photo

Coming soon to the USA thanks to Trump's executive order signed yesterday. But I wouldn't want to be in a crash driving one. Mass wins in a car crash.

Richard Farr (@farrmacro) 's Twitter Profile Photo

I'm watching BTC up here again. Now that they jacked the Vanguard accounts into this, it shouldn't be losing steam so quickly. Yet it appears to be. bloomberg.com/news/articles/…

Richard Farr (@farrmacro) 's Twitter Profile Photo

Not sure why you’d cut short term rates when you risk the housing market. But I’m not a politically-influenced academic so what do I know? 🤷🏻‍♂️

Not sure why you’d cut short term rates when you risk the housing market.  But I’m not a politically-influenced academic so what do I know?  🤷🏻‍♂️
Richard Farr (@farrmacro) 's Twitter Profile Photo

If you’re cutting housing costs by 40% that’s probably because 10 million people are out of work and willing to do odd jobs for you for peanuts.